Cash is highly preferred over other payment methods. More than 85% of
transactions around the world are carried out via cash and the
circulation growth of cash is much higher than that of the GDP around
the world. A large number of businesses and financial institutions are
hiring specialist cash handling companies to manage their cash
operations. This is, thus, boosting the cash handling market with
increased demand for managerial operations.

The global cash handling market is bifurcated on the basis of its
services i.e. cash logistics, cash management and outsourcing
opportunities. Amongst the three, outsourcing trend of cash handling
services will accelerate the growth of the global cash handling market.
The volume of cash circulation is expected to rise in the coming years,
which would create a huge demand for cash handling services round the
globe. Emerging market such as China and India are likely to be the most
beneficial destinations for multinational payers.

The global cash handling market is projected to experience robust growth
due to factors such as the growing private security market, increasing
currency circulation, and a high inflation rate and rise in ATM
withdrawals. Major trends of the market include increased focus on R&D
and high growth prospects in emerging markets. The market will be
hindered by the growing popularity of electronic payment.